Captive insurance is an example of which of the following risk management technique? O Risk transfer to an outside insurance firm O Risk avoidance O Risk control O Risk retention Company XYZ has two property policies covering their building. The building is worth $1,000,000. Policy A has a limit of $1,000,000 while Policy B has a limit of $500,000. Assuming both policies have a pro-rata clause in place when other insurance policies are in force, a covered loss of $300,000 would result in payment of _____by Policy A and _____ by Policy B. O $300,000; $0 O $150,000; $150,000 O $300,000; $300,000 O $200,000; $100,000 Mark owns a building that he insured for $90,000. The replacement cost of the building is $100,000. Mark's property insurance policy has an 80 percent coinsurance clause and no deductible. If Mark's building is destroyed by a covered peril, how much will Mark receive from his insurer? O $90,000 O $80,000 O $100,000 O $101,250